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Entebbe Airport increases parking fees

Entebbe Airport increases parking fees

Uganda Civil Aviation Authority (UCAA) has increased car parking charges at Entebbe International Airport. The new charges will take effect next month, November 1. “In a bid to enhance ongoing efforts for investment in upgrading facilities for a better passenger experience, revised car

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VIDEO: Questions linger over Shs10 trillion SGR cost

VIDEO: Questions linger over Shs10 trillion SGR cost

In early March 2017, panic-stricken officials from Uganda’s ministries of Works and Finance, dashed to Dar es Salaam to “compare notes” with their Tanzanian counterparts on among others, variations in prices of their disassociated Standard Gauge Railway (SGR) projects. President Mu

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Namanve industrial park road works remain at 51% less than a to end of project

Namanve industrial park road works remain at 51% less than a to end of project

A report by the Ministry of Finance has indicated that works on critical infrastructure that seeks to connect all estates in the Kampala Business and Industrial Park, also known as the Namanve Industrial Park, remain far behind schedule less than a year to the planned completion date. Go

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Businesses report improved business environment despite rising input costs 

Businesses report improved business environment despite rising input costs 

The Stanbic Purchasing Managers’ Index indicates that businesses faced high input costs, which impacted the cost of production and profitability in September.  However, despite increased costs, Stanbic noted that the private sector remained in the growth territory due to expansio

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Govt job renewals will be based on project performance, Ggoobi tells accounting officers 

Govt job renewals will be based on project performance, Ggoobi tells accounting officers 

The Ministry of Finance has warned accounting officers to ensure that projects under their ministries, departments, and agencies are executed within set timelines, failure of which they will be held liable for cost delays. In details contained in the Performance of Externally Funded Proj

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Insurance half year premiums grow by Shs104b

Insurance half year premiums grow by Shs104b

Insurance companies recorded an increase of Shs104.9b in gross written premiums in the first half of 2024. Details contained in the Insurance Regulatory Authority (IRA) performance report indicate that the sector expanded by 12.65 percent from Shs828.9b recorded in the half year ended Ju

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Economy posts positive results despite negative predictions

Economy posts positive results despite negative predictions

The country’s economic performance got a positive nod in the second quarter of the year, between April and June 2024, expanding by 6.6 percent, despite predictions by analysts that recovery was likely to nosedive, at the start of the year. The Permanent Secretary in the Ministry of Fin

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3 in 10 Ugandans going without food daily

3 in 10 Ugandans going without food daily

As Uganda today joins the rest of the world to mark World Food Day, at least three in every 10 households will skip a meal or not eat at all for the entire day. Mr Moses Mbuusi, a statistician at the Uganda Bureau of Statistics (Ubos), defined severe food insecurity as frequent and prolo

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Quality Chemical to set up $50m TB, cancer drugs plant

Quality Chemical to set up $50m TB, cancer drugs plant

Quality Chemical Industries, formerly Cipla Quality Chemical, is in negotiations to open a new manufacturing plant to produce new medications. The plant, if realised, will produce medications for infectious and non-communicable diseases, to add to its HIV and anti-malarial drugs. Mr

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World Bank says 26 poorest nations in worst financial shape since 2006

World Bank says 26 poorest nations in worst financial shape since 2006

 The world's 26 poorest countries, home to 40% of the most poverty-stricken people, are more in debt than at any time since 2006 and increasingly vulnerable to natural disasters and other shocks, a new World Bank report showed on Sunday. The report finds that these economies are poorer

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